Azeri state energy company SOCAR signed new agreements for oil and gas exploration in Azerbaijan with Exxon Mobil and BP.

The Absheron field is located on the Caspian shelf, 100 kilometers southeast of Baku and 25 kilometers northeast of the Shah ...

Its latest statement confirmed only that it will be "early this year." In addition, BP announced last year that it had started drilling new wells into what it claimed were "deep" gas reservoirs ...

He pointed out that much of Azerbaijan’s mature oil fields reached their peak performance ... production and cut costs are still in the early stages. We have only just begun exploring the ...

New Delhi: The Bibi-Heybat, Balakhani, Sabunchi, and Romani oil fields were discovered near Baku, Azerbaijan in 1871 ... Until the early 20th century, the Sabunchy region contributed 35% of ...

Israel and Azerbaijan are expected to sign a work plan as early as this month for the exploration and discovery of offshore natural gas reservoirs in the country’s economic waters. Azerbaijan ...

Azerbaijan State Oil Company (SOCAR) has agreed to buy a 10% stake in Israeli offshore gas field Tamar from Aaron ... in 2009 and production began in early 2013. The reservoir's current production ...

Azerbaijan’s state oil company SOCAR bought the stake from Union Energy, which is controlled by Frenkel. Back in 2022, Frenkel purchased an 11% stake in the Tamar gas field from Abu Dhabi’s ...

Baku-Tbilisi Ceyhan (BTC) pipeline carries oil from the Azeri-Chirag-Deepwater Gunashli (ACG) field and condensate from Shah Deniz across Azerbaijan, Georgia and Türkiye. It links Sangachal ...

Baku-Tbilisi Ceyhan (BTC) pipeline carries oil from the Azeri-Chirag-Deepwater Gunashli (ACG) field and condensate from Shah Deniz across Azerbaijan, Georgia and Türkiye. It links Sangachal ...

By Nailia Bagirova BAKU (Reuters) -Azeri state energy company SOCAR signed new agreements for oil and gas exploration in ...